My husband partied when he was first in college and ruined his GPA. Now he is more mature and is looking at going back to school. We are wondering if his GPA will ruin his chances of getting a student loan.
2007-05-25 08:01:20 · 7 answers · asked by Madmas 3 in Education & Reference ➔ Financial Aid
For Federal loans (Stafford and PLUS) you must maintain at least a C average.
2007-05-25 08:09:54 · answer #1 · answered by BobbyD 4 · 0⤊ 0⤋
Well, yes, there is. Satisfactory Academic Progress is what its called and it follows you at that college even when you've been out for a while. You have to meet the standards to be eligible for any financial aid, including loans. However (and it's a big however, too), he needs to find out how badly he was affected by his, um, less serious study era and what the college's policy is now.
He needs to call the financial aid office at the college (I'm assuming that he's going back to his *party period* school here--if he's not it isn't going to affect him now at another school) and ask where he'd be if he returned, suspension or probation. If he's suspended from aid then he needs to ask what the current policy on appealing his suspension would be and then follow through with it. Many colleges do understand youthful indiscretions and the maturity process, especially if it has been several years since he was a party animal, and allow a one-semester appeal period of eligibility in which to prove himself at which point if he is successful he would return to full good standing, or to mess up again, and he's had his 3 strikes, he pays on his own from there on out depending on their policy. He needs to write a good appeal letter, neatly, check the spelling please (I read a lot of these letters and, believe me), and give a good evaluation of what he believes he has changed in his life in order to be successful this time. We do use professional judgment on these and want students to succeed, but we can spot a phoney, too, and we are leery of second, second chances. He won't be the first and he isn't the only student to have messed up his first time around, so if he really has matured and can own up to his indiscretion and learn from it he will probably get the chance to.
He should also consider doing that first semester back at part-time, too. If he's working and you both have family responsibilities, it is very hard to work full time and go to school full time and be a participating parent (been there, done that, have the degrees, but 11 years of alienation from my family life to have had to make up, and am watching my oldest kid and his wife try to do something similar right now) because life happens. Start out easy and work into it, keeping that in mind. And tell him I wish him the best, it isn't easy owning up to being a kid who should have known better and going back to try again. He can do it, especially if he has you to back him.
2007-05-27 04:37:31 · answer #2 · answered by mickiinpodunk 6 · 0⤊ 0⤋
Almost all schools have Good Academic Standing (or something similar) policies that require you to have at least a 2.0 to qualify for ANY financial aid, including grants, school scholarships, loans, anything. I should know because my school does this, I fell below 2.0 because I failed to "officially" withdraw from a few courses (dumb, i know), and now I have to pay next semester by myself to get my grades up before I can get financial aid again.
Some schools go beyond that, if you still have a bad GPA and are not making "good progress" to bring it up, they may suspend you from even being able to register for school for a full year.
2007-05-26 16:58:26 · answer #3 · answered by Anonymous · 0⤊ 0⤋
no gpa is not too important....the government is willing to give money to students because in the end you have to pay them back plus interest...which they like of course
and there are definetly scholarhsips out there for returning student....private and well as those give out by university departments, depending on which college and department you enter...and also realize that some classes, easily transferable at many institutions, can be easily and more cheaply be taken care of at community colleges just verify with the college that you want to attend
good luck!
2007-05-25 14:35:13 · answer #4 · answered by cookie monster 2 · 0⤊ 1⤋
properly, i become contained in the very similar position very last 365 days. before each little thing issues, your cousin nevertheless needs to fill out a FAFSA.... it really is a fashion to substantiate if there are any delivers (loose money!!!) are available for her economic concern. also yet another no continuously so large thanks to get with the help of school is getting a job and dealing it off as she is going alongside. many colleges have classes that she will be in a position to get into which will be on-campus and fairly versatile. except that, student loans fairly are not that undesirable... they have low expenses of pastime and do not might want to be paid off till after she is out of school. desire this allows somewhat.
2016-11-27 03:04:02 · answer #5 · answered by wisorserratore 4 · 0⤊ 0⤋
I don't think it does. I don't remember my gpa being asked on my loan papers.
2007-05-25 08:03:24 · answer #6 · answered by Anonymous · 0⤊ 1⤋
No you don't they don't care as long as you are going to pay them back
2007-05-25 08:04:19 · answer #7 · answered by Anonymous · 0⤊ 1⤋